Published April 20, 2026
About This Audit
A compliance audit of the Beaver Meadows Borough Police Pension Plan, covering January 1, 2021 to December 31, 2024, evaluated adherence to relevant state laws and regulations. Conducted under the Municipal Pension Plan Funding Standard and Recovery Act, the audit assessed whether corrective actions were taken based on previous audit findings and if the plan complied with applicable standards. The audit found compliance in many areas, but noted a recurring issue with receiving and not returning state aid exceeding annual pension costs, with $185 cited in 2020 and further excesses in 2021 and 2022. Despite improving record-keeping, the borough failed to act on recommendations regarding excess aid, an area requiring further attention. The borough’s pension plan is part of the Pennsylvania Municipal Retirement System (PMRS), although PMRS’s financial information was not audited. Borough officials were acknowledged for their cooperation during the audit. This is an automated summary. Please rely on the contents included in the released audit report.